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Retail Bankruptcies Fuel The Overstored Debate

PYMNTS

Another bankruptcy; another week of trying to sort out the problems at retail. simply has too many stores to support them all and the “retail apocalypse” is simply as natural as a snake shedding skin. The issue was raised by Horan Capital analyst David Templeton in his Monday (Feb. That comparison shows that the U.S.

Retail 168
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How Retailers Could Turn Smart Vending Into A $15B Market By 2025

PYMNTS

In the unattended retail space, vending operators are also becoming more aware of the shifting behaviors of their shoppers and the need for swift and digital payment options. The estimated value of the global intelligent vending machine market by 2025 is $15 billion. And digital disruptors are putting a new spin on vending machines.

Retail 177
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Shogun Brings Big Retail Tech To Digital-First Retailers

PYMNTS

Four years and $35 million in venture capital funding later, Taylor’s company is expanding and simplifying the ability for eCommerce companies to build sophisticated yet simple web stores. Taylor said he doesn’t want to read too much into the name, but if a comparison was forced, it would be along the lines of detail.

Retail 226
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CPG Companies Capitalize On Dramatic Digital Shift

PYMNTS

By way of comparison, spending at brick-and-mortar drugstores was down 5 percent and total trips across CPG outlets were down 3 percent compared to the year-ago period during the week ending Aug. The new emphasis on digital has also led to more collaboration with retailers. 30, despite the eCommerce channel being up 91 percent.

Company 140
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USAT: Bridging The ‘Consumer Gap’ In Unattended Retail

PYMNTS

In this case, it’s the gap between interest and intent, the chasm that lies between consumer awareness of unattended retail and actually taking the plunge in buying at the kiosk and vending machine. At a high level, according to PYMNTS data , unattended retail is reaching only one-tenth of its potential. Hurdles For Larger Merchants.

Retail 131
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Online Grocery Tees Up A Post-Crisis Market

PYMNTS

percent by the same comparison. Jaimee Minney, senior vice president of marketing at Rakuten Intelligence says the coronavirus pandemic is introducing shoppers to the concept. Amish Jani, a partner in venture capital firm FirstMark Capital, agrees. For the period of Jan. 1 through March 15, sales increased 61.3

Online 130
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Designer Brands Reports 44.7 Pct Drop In Net Sales Amid Pandemic

PYMNTS

The company operates almost 1,000 retail stores under names like DSW Designer Shoe Warehouse and The Shoe Company. percent for the first quarter of 2020, in comparison to a 3 percent rise in the same quarter of fiscal 2019, according to an announcement. and global markets resulting from COVID-19.”. percent to $482.8 million. .”

Branding 141